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Fumbi Chima, who was previously Adidas' chief information officer, has introduced robotic process automation and other systems to make it easier for the fourth-largest U.S. credit union to work with fintechs and improve member service.
June 17
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OneAZ Credit Union built a vendor diversity database, based on a program from Arizona State University, to guide its spending at small businesses. It plans to allow other financial institutions to access this system as well.
June 16
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Credit unions enjoyed especially strong loan demand from car buyers — helping to push overall loan growth to twice the rate of what banks saw in the first quarter — following a lull stemming from pandemic-era setbacks.
June 15
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With household expenses and borrowing costs spiking, banks are bracing for depositors to demand more interest. The only question is how much longer bankers can hold out.
June 13
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Accounting for roughly $1.2 trillion of assets, many credit unions are physically and financially endangered by climate change, according to a new study.
June 13
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The products MSU Federal Credit Union in Michigan is developing for transgender and nonbinary members also appeal to international and indigenous people, who often go by names that don't match their birth certificates.
June 8
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Credit Union 1 and NuMark Credit Union have separately struck deals to build a presence in and around Chicago through the acquisition of community banks.
June 3
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Davidson County Chancery Court Judge Patricia Moskal ruled that Orion Federal Credit Union’s acquisition of Financial Federal Bank is legal under Tennessee law. The decision provides a road map for courts in other states to follow for similar M&A deals.
June 2
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Through the development of data-driven DEI benchmarks and increased dialogue with both multicultural staffers and customers, these executives are helping to cultivate more representative talent.
May 31
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TikTok and Instagram star Emily Zeck — aka That Pineapple Girl — is one of the young celebrities helping Community Credit Union Florida educate local high schoolers about how to handle money in the digital era.
May 27
